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NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.


TSX:NEXT - Post by User

Bullboard Posts
Post by FerrariPalmbeacon Jun 05, 2017 2:37pm
142 Views
Post# 26325896

Comments and Concerns .

Comments and Concerns .Sent to Julie Harrs 2010 . jleeharrs Sent: Mon, Dec 13, 2010 5:23 pm Subject: Comment's and Concerns I have been a shareholder since YUKR Pre Mckinnon et,al , group take over of YUKR. https://www.secform4.com/insider-trading/1302084-1.htm # 1, Their first accomplishment was to load themselves up the millions of options and shares . the Secform4 website above will attest to that fact. Then , Schler exercised options in 2007 at about $1.30 and sold shares that started an avalanche of selling , because the INSIDER CFO WAS SELLING ! "Selling begets selling." The stock price has never recovered from the 2006/2007 highs for the shareholder , yet Management continues to load themselves up with options and shares. The stock price fell to about $.55 , so , again they reset their $1.30 options to $.55 , then reset them again lower as the stock continued to fall. Over and over again in the ensuing years they continued to give themselves more and more shares and options , with what , I considered no regard for the shareholder's position. Now you want to increase to 22 million options and increase shares to 350 million shares without any explanation of purpose ! Their GREED is disgusting to me ! #2 Over and Over again , I have asked Brent to please convert Kilometers to Miles in the PR's , Its important to think of who your audience is when writing these PR.s The conversions have been in a couple of PR's , ONLY, and missing from others. please be consistent ! # 3. So far you have all traveled the world on our money and have closed nothing , except to pay people to advise ! IMO #4 I received two E-mails from Brent pushing me to hurry and Vote .because ENZR needed my support via Proxy vote. So , I voted with Info I had to base my decision , Before your up date was released.. SO I voted against all proposals !! .... My thought was what have you done for the shareholder since you all took over , other than , Schler dumping stock and scaring many Shareholders to sell. #5 ENZR Hired Wall Street Grand , paid them $45,000 and didn't give them a steady stream of News to work into their promotion. A waste of Money IMO. #6 In your "UPDATE" you mention Battery Manufactures and Electric Car Producers and Steel Producers ... Does ENZR have contracts with them , is that close in the future ? What can you legally tell me ? #7 What Business Development has Brent accomplished ? He makes presentations without wearing a tie on the ENZR website , He represents ENZR and its shareholders , Not G.Q. Magazine ! #8 The Objective Report , the Bottom Line to me, ( with 50 years of investing experience ) is that ENZR is fully valued $.51 and it will take about 3 years to achieve a PPS of about $3.00 . No sense of urgency and one big... YAWN !! The latest sell off by Dundee almost looks like they knew of the $.51 valuation before the report was released , then thinking ENZR isnt going higher than $.51 for a long time they decided to sell, and did they EVER !!!!!! Just my Opinion ! I would have never released that report , it didn't help the shareholders. In My Opinion as always,
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